Item J4 J.4
G BOARD OF COUNTY COMMISSIONERS
County of Monroe Mayor Sylvia Murphy,District 5
The Florida Keys l'U � � Mayor Pro Tern Danny Kolhage,District 1
�pw° Michelle Coldiron,District 2
Heather Carruthers,District 3
David Rice,District 4
County Commission Meeting
November 20, 2019
Agenda Item Number: J.4
Agenda Item Summary #6269
BULK ITEM: No DEPARTMENT: Land Authority Governing Board
TIME APPROXIMATE: STAFF CONTACT: Charles Pattison (305) 295-5180
9:15 A.M. Land Authority
AGENDA ITEM WORDING: Approval of a resolution extending the commitment for acquisition
funding for Monroe County's purchase of the Howard's Haven affordable housing site on Big Pine
Key.
ITEM BACKGROUND: Monroe County has entered into an option contract to purchase the
Howard's Haven Trailer Park property as an affordable housing site. The County's purchase option
runs through March 31, 2020. Via Resolution 08-2018 the Land Authority committed to fund the
County's purchase of the site to the degree the purchase is not funded by the Florida Housing
Finance Corporation's Community Development Block Grant — Disaster Recovery program. The
Land Authority's funding commitment in Resolution 08-2018 expires December 31, 2019. Subject
to favorable underwriting review, the County has been awarded CDBG-DR funding for acqusition
but the underwriting review process is not expected to be completed until March 31, 2020 or later.
Last month the County Commission authorized staff to exercise the purchase option.
The proposed resolution extends the Land Authority's funding commitment from December 31,
2019 to March 31, 2020 to coincide with the option period. This will ensure the necessary funding
will be available in the event the closing does not occur by December 31, 2019.
ADVISORY COMMITTEE ACTION: On October 30, 2019 the Committee voted 510 to approve
the resolution.
PREVIOUS RELEVANT BOCC ACTION: On December 19, 2018 the Board approved
Resolution 08-2018 making the original funding commitment.
CONTRACT/AGREEMENT CHANGES:
N/A
STAFF RECOMMENDATION: Approval
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J.4
DOCUMENTATION:
MCLAResolution
MCLAReso108-2018
FINANCIAL IMPACT:
Effective Date:
Expiration Date:
Total Dollar Value of Contract:
Total Cost to County:
Current Year Portion:
Budgeted:
Source of Funds:
CPI:
Indirect Costs:
Estimated Ongoing Costs Not Included in above dollar amounts:
Revenue Producing: If yes, amount:
Grant:
County Match:
Insurance Required:
Additional Details:
REVIEWED BY:
Charles Pattison Completed 11/05/2019 8:58 AM
Kathy Peters Completed 11/05/2019 9:18 AM
Board of County Commissioners Pending 11/20/2019 9:00 AM
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J.4.a
RESOLUTION NO.
A RESOLUTION OF THE MONROE COUNTY
COMPREHENSIVE PLAN LAND AUTHORITY EXTENDING THE
COMMITMENT FOR ACQUISITION FUNDING FOR MONROE
COUNTY'S PURCHASE OF THE HOWARD'S HAVEN
AFFORDABLE HOUSING SITE ON BIG PINE KEY.
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WHEREAS, the Howard's Haven affordable housing site is legally described as Block 22, Lots 1
through 4, Sands (RE #00302670-000000) and is located at 31535 Avenue C on Big Pine Key
(hereinafter"Subject Property"); and
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WHEREAS, Monroe County has entered into an option contract to purchase the Subject
Property at a price of$850,000 with an option period ending March 31, 2020; and
WHEREAS, the Monroe County Housing Authority, working in partnership with Monroe County
and the Monroe County Land Authority, has applied for a Community Development Block Grant
— Disaster Recovery (CDBG-DR) grant to fund the purchase and redevelopment of the Subject
Property; and
WHEREAS, acquisition funding from the CDBG-DR grant is not expected to be available until
March 31, 2020 or later; and
WHEREAS, to assist Monroe County with the acquisition of the Subject Property, the Monroe X
County Comprehensive Plan Land Authority (hereinafter "Land Authority") adopted Resolution
08-2018 committing to pay Monroe County's $10,000 purchase option fee and the $850,000
purchase price and associated acquisition costs to the degree said acquisition costs are not
funded by the CDBG-DR grant; and
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WHEREAS, the funding commitments in Resolution 08-2018 expire on December 31, 2019 and
staff proposes to extend them to the option expiration date of March 31, 2020; and
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WHEREAS, on October 30, 2019 the Land Authority Advisory Committee considered this
resolution and voted 5/0 to recommend approval; NOW, THEREFORE,
BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY:
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Section 1. Land Authority funding toward Monroe County's purchase of the Subject Property is
hereby approved as follows:
A. The Land Authority is authorized to pay Monroe County's $10,000 purchase option fee.
B. The Land Authority is authorized to pay Monroe County's $850,000 purchase price and
associated acquisition costs for the subject property to the degree said acquisition costs are
not funded by the CDBG-DR grant.
C. At closing, Monroe County shall execute an instrument in favor of the Land Authority
restricting the Subject Property to affordable housing.
D. The funding commitments in this resolution are extended to March 31, 2020.
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J.4.a
PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority at a
regular meeting on this day of 12019.
Commissioner Michelle Coldiron _
Commissioner Danny Kolhage
Commissioner Sylvia Murphy
Commissioner David Rice
Chairman Heather Carruthers
(Seal)
ATTEST: MONROE COUNTY COMPREHENSIVE g
PLAN LAND AUTHORITY Us
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Charles G. Pattison Heather Carruthers
Executive Director Chairman
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Approved as to form and legality
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Adele V. Stones
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J.4.b
RESOLUTION NO. 08-2018
A RESOLUTION OF THE MONROE COUNTY
COMPREHENSIVE PLAN LAND AUTHORITY ADDING BLOCK
22, LOTS 1 THROUGH 4, SANDS TO THE ACQUISITION LIST
AS AN AFFORDABLE HOUSING SITE TO BE PURCHASED BY
MONROE COUNTY AND APPROVING ACQUISITION FUNDING
SUBJECT TO CONDITIONS.
WHEREAS, Block 22, Lots 1 through 4, Sands (RE #00302670-000000 and 00302680-000000),
is a 20,000 square foot site located on Avenue C on Big Pine Key (hereinafter "Subject Cr
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Property"); and
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WHEREAS, Monroe County is considering entering into an option contract to purchase the
Subject Property for an option fee of$10,000 and a purchase price of$850,000; and
WHEREAS, Monroe County intends to submit an application for a Community Development
Block Grant — Disaster Recovery (CDBG-DR) grant to fund the purchase and redevelopment of
the Subject Property; and
WHEREAS, the Monroe County Comprehensive Plan Land Authority (hereinafter "Land
Authority") desires to assist Monroe County with the acquisition of the Subject Property; and
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WHEREAS, on June 27, 2018 the Land Authority Advisory Committee voted 3/0 to approve
adding the Subject Property to the Acquisition List as an affordable housing site; and
WHEREAS, on October 31, 2018 the Land Authority Advisory Committee voted 5/0 to approve U)
funding to the degree necessary until December 31, 2019 for either Monroe County or the
Monroe County Housing Authority to purchase the Subject Property; NOW, THEREFORE, -
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BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY: >
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Section 1. The Subject Property is hereby added to the Acquisition List as an affordable
housing site to be purchased by Monroe County.
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Section 2. Land Authority funding toward Monroe County's purchase of the Subject Property is N
hereby approved as follows: 00
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A. The Land Authority is authorized to pay Monroe County's $10,000 purchase option fee.
B. The Land Authority is authorized to pay Monroe County's $850,000 purchase price and
associated acquisition costs for the subject property to the degree said acquisition costs are t�
not funded by the CDBG-DR grant.
C. At closing, Monroe County shall execute an instrument in favor of the Land Authority
restricting the Subject Property to affordable housing. E
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D. The funding commitments in this resolution shall expire on December 31, 2019.
PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority at a
regular meeting on this 1901 day of December 2018.
Chairman Heather Carruthers Yes
Vice Chairman David Rice Yes
Commissioner Michelle Coldiron Yes
Commissioner Danny Kolhage Yes .2
Commissioner S0via Murphy Yes
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A MONROE COUNTY COMPREHENSIVE
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PLAN LAND AUTHORITY
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Charles G. Pattison Chair n ea er Carruthers E
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Executive Director
Approved as to form and legality
Adele V. Stones
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0
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2
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